Italcementi in Libyan joint venture

Italcementi in Libyan joint venture
03 September 2008

A joint venture between the Libyan government, in the form of its Economic and Social Development Fund, Italcementi is to build a 4Mta integrated cement works at a cost of between US$550m and US$750m. 

The plant is planned for a location around 50km west of Tobruk and a mining concession has been agreed with the National Mining Company of Libya in order to secure the necessary raw materials. 

The joint venture is also contemplating a 0.5Mta white cement plant. 

The new works are primarily aimed to serve the Libyan market, but could also supply cement or clinker for exports within the Mediterranean area.

Published under Cement News